IRCON : coach manufacturing by Modern Rail Coach Factory, Raebareli

 

  • IRCON :  coach manufacturing by Modern Rail Coach Factory, Raebareli
  • In a remarkable achievement for the Indian Railways, Mordern Coach Factory in Rae Bareli has set a record of manufacturing 10,000 coaches since its inception in April 2023
  • The factory was planned at a total cost of Rs 3,192 crores with an annual capacity of 1,000 coaches. The foundation stone of the factory was laid in 2007 and the construction work started in 2009.
  • It is the third rail coach manufacturing unit of the Indian Railways at Lalganj near Raebareli in Uttar Pradesh. besides Integral Coach Factory in perambur in Tamil Nadu and Rail Coach factory at Kapurthala in Punjab, this factory has been serving to the needs of the Indian Railways since its inception on November 7, 2012.\
  • Besides manufacturing stainless steel LHB coaches for the Indian railways, the MCF has been designing modern day coach including train sets, metro coaches, alluminium body coaches, bullet train coaches and high speed coaches to meet upcoming demands.
  • The factory manufactures Deen Dayalu coaches, Antyodaya Express coaches, Humsafar coaches, Tejas coaches and AC 3 Tier Economy coaches.
  • MCF is also the first unit of Indian Railways to get IRIS (International Railway Industries Standard) certification (ISO 22163: 2017) for manufacture and design of rolling stock.

Comments

Post a Comment

Popular posts from this blog

Confidence Petroleum Forays into Hydrogen Cylinder Manufacturing

  https://youtu.be/mD2k0HOpAxo?si=8H1ue9mw316h2wYr Confidence Petroleum Forays into Hydrogen Cylinder Manufacturing Unlike conventional metal cylinders, type 4four cylinders are entirely corrosion-resistant, lighter by seventy percent, and can accommodate three times more gas.  Constructed from carbon composite with a polymer liner, they boast exceptional safety features. The move signifies Confidence Group’s commitment to spearheading the global energy transition towards a cleaner and greener future.  By prioritizing innovation and environmental stewardship, the company aims to revolutionize the hydrogen storage industry and promote sustainable energy solutions. As reported by The Hitavada, through this venture into the green hydrogen market, Confidence Group aims to position itself as a leader in providing solutions that expedite the adoption of renewable energy sources.  These cylinders will play a pivotal role in the efficient storage and transportation of green ...
Read more

RSI Indicator for finding good value stocks?

  https://youtu.be/IbWEmgJQHx4?si=D0TUacnxi_9B33qM Is a Good RSI Indicator The relative strength index is a momentum indicator that looks at the pace of recent price changes to determine whether a stock is ripe for a rally or a selloff. Traders who are looking for investment opportunities should look for RSI values  that hit 30 or fall below that level.  This allows them to look for investment options that may be undervalued where the price may increase in the future.  But it's important for investors to remain steadfast and avoid making hasty decisions, since market conditions can change at a moment's notice.
Read more

Poonawalla Fincorp: I love stocks at 52L

https://youtube.com/shorts/kEd4ftcXaV4?si=8FpeXOzf0qyTs_Mo   Poonawalla Fincorp: I love stocks at 52L AUM up 52% YoY to ₹26,972 crore PPoP at ₹432 crore in Q1FY25, up 47% YoY and 6% QoQ  Assets:  ➢ Assets Under Management (AUM) stood at ₹26,972 crore, up 52% YoY and 8% QoQ  ➢ AUM Mix consist of 35% MSME finance, followed by 28% personal and consumer finance, 17% loan against property and 14% pre-owned car.   Asset Quality:  ➢ Gross NPA at 0.67%, lower 75bps YoY and 49bps QoQ  ➢ Net NPA at 0.32%, lower 44bps YoY and 27bps QoQ  ➢ Provision Coverage Ratio stood at 52.53%   Profitability:  ➢ Operating Profit (PPOP) was ₹432 crore, up 47% YoY and 6% QoQ  ➢ Profit After Tax (PAT) was ₹292 crore, up 46% YoY  ➢ Return on Assets (RoA) stood at 4.62%  ➢ Net Interest Income (inc. fees and other income) was ₹676 crore, up 42% YoY and 5% QoQ
Read more